\begin{table}[htbp]\centering
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\caption{Law of motion for the U.S. split for above and below the 30th percentile of lag relative sales and negative of lag debt-to-asset ratio}
\begin{tabular}{l*{2}{c}}
\hline\hline
          &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}\\
          &\multicolumn{1}{c}{$log(M\_{i,t})$}&\multicolumn{1}{c}{$log(M\_{i,t})$}\\
\hline
$\Delta log(sal\_{i,t+1})$&    0.105         &    0.220\sym{**} \\
          &  (0.071)         &  (0.088)         \\
[1em]
$log(M\_{i,t+1})$&    1.104\sym{***}&    1.037\sym{***}\\
          &  (0.008)         &  (0.006)         \\
\hline
\(R^{2}\) &    0.484         &    0.699         \\
Above 30th perc&       No         &      Yes         \\
Industry FEs&      Yes         &      Yes         \\
Year FEs  &      Yes         &      Yes         \\
Market share&     0.28         &     0.72         \\
\(N\)     &    71999         &    73701         \\
\hline\hline
\end{tabular}
\end{table}
